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A1 Telekom Austria Adds Bitcoin to Payment Service for Thousands of Retailers
28.7.2020
Austria’s leading telecom company, A1 Telekom Austria Group, has announced that its merchant payment service now accepts cryptocurrencies, including bitcoin, for cashless payments. The company operates in seven countries and has 25 million customers. A1 Telekom Austria Group is a leading...
Thailand Has Now Licensed 13 Cryptocurrency Service Providers
28.7.2020
Thailand has been growing the number of licensed cryptocurrency service providers. The Thai regulators have now approved 13 crypto businesses to legally operate in the country, including cryptocurrency exchanges, brokers, and dealers. The Royal Decree on the Digital Asset Businesses B.E. 2561...
Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria
28.7.2020
Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries. Citizens of the West African state use cryptocurrencies for cross border payments as well...
Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’
28.7.2020
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly. Digital currency markets have been extremely bullish lately...
Digital Bank Revolut Adds Stellar to List of Supported Cryptocurrencies
28.7.2020
Users will now be able to buy and sell XLM on Revolut’s platform, the fintech firm announced Tuesday
Fidelity Digital Assets: The Omnibus Model for Custody
27.7.2020
Fidelity Digital Assets describes the origins of the omnibus custody model in traditional finance and explores how and why digital asset custodians apply the omnibus model to securing customer assets
How Digital Asset Exchanges Can Meet Institutional Investors’ Need for Speed
27.7.2020
Blockchain-based solutions designed to create a global instant settlement network have been attracting institutional traders
SBI Launches ‘Digital Token Issuance Platform’ on Corda Blockchain
27.7.2020
Japanese financial giant SBI Holdings has unveiled a platform that will allow companies and regional government bodies to issue “digital tokens” using the American firm R3’s Corda blockchain network.
The company said its platform is named S Coin, per an official statement. The solution, it said,...
Cyclebit Empowers Retailers to Accept Crypto Payments In-Store, Online and On-The-Go
27.7.2020
Cyclebit is a crypto payment processor that allows merchants to easily accept digital assets payments anywhere, in both offline and online environments. It is a global company already established in Canada, the U.S., Europe, and Southeast Asia. Cyclebit currently supports more than 20 of the most...
Exploring Decentraland: A Review of the Virtual World Built on Ethereum
27.7.2020
During the last two weeks, I’ve been roaming around the virtual world Decentraland in order to get some perspective on the platform supported by the Ethereum Blockchain. The following is a review of my experience in Decentraland and observing all that has been built since it was invoked over...
Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard
26.7.2020
The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market...
Visa Moving to Integrate With Digital Currency Platforms
26.7.2020
Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed...
It Is the China Dream That Hinders Digital Yuan Says Fisco Executive
25.7.2020
China’s digital yuan looks to be scaling smoothly but its core political slogan may disrupt further development
Bitcoin Suisse Completes a $48 Million Series A Financing Round
25.7.2020
Swiss crypto financial services provider, Bitcoin Suisse completes its first financing round of $ 48 million (CHF 45 million). The completed Series A financing round now has Bitcoin Suisse’s 2019 pro forma equity totaling around $108 million. The financing round includes 16.4% of shares...
Ant Group Explains What its 100m per Day ‘Digital Assets’ Uploads Are
25.7.2020
Alibaba affiliate Ant Group has revealed details about the nature of the 100 million+ “digital assets” it said are uploaded onto its AntChain blockchain network “every day.”
As reported, the Ant Group earlier this week announced that it has launched AntChain, calling it a “new technology brand...
Ukraine’s Digital Ministry to Trace Suspicious Crypto Using Crystal Blockchain Software
24.7.2020
Government officials hope the partnership will fast-track the maturation of Ukrainian crypto markets
Veteran Analyst Peter Brandt Scorns ‘XRP’s Bag Holder,’ Compares Ripple to the Fed
24.7.2020
Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U.S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t understand why “otherwise smart...
Scratch ‘Blockchain Island,’ Malta Now Wants to Become a Digital Enclave
24.7.2020
Malta is taking a more holistic approach to its digital economy, combining blockchain with other “niche sectors.”
New Russian Law Bans Bitcoin Payments for Goods and Services
24.7.2020
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...
2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners
24.7.2020
Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining...